FQHC HEALTH NETWORK INC NFP (EIN 472124459) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

TERESA ARMSTRONG

Phone

4107889715

Tax Period

2024-01-01 to 2024-12-31

FQHC HEALTH NETWORK INC NFP, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2018. Expenses of $1.2M left a modest 5% surplus.

Mission

TO IMPROVE ACCESS AND REDUCE DISPARITIES IN THE DELIVERY OF HEALTHCARE BY ITS MEMBERS PROVIDING PRIMARY CARE SERVICES TO ALL PERSONS REGARDLESS OF THEIR ABILITY TO PAY. TO LEVERAGE ADDITIONAL LOCAL, STATE AND FEDERAL SUPPORT FOR PREVENTION AND PRIMARY CARE SERVICE PROGRAMS AND STRENGTHEN THE SAFETY NET PROVIDERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,151,503

Investment Income $12,315

Other Revenue $0

TOTAL REVENUE $1,163,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,082,145

Other Expenses $1,166,143

TOTAL EXPENSES $1,166,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,163,818	$1,126,186	+0.0%
Expenses	$1,166,143	$1,124,931	+0.0%
Net Income	$-2,325	$1,255	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTY BLANK	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL LEE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARGIE JOHNSON	SECRETARY	2.00	Officer Director	$0	$0	$0
TERESA ARMSTRONG	PRESIDENT	2.00	Officer Director	$0	$0	$0
APRIL KAUFFMAN	DIRECTOR	2.00	Director	$0	$0	$0
NICHOLAS ISAAC	DIRECTOR	2.00	Director	$0	$0	$0
LOIS TANNER	TREASURER	2.00	Officer Director	$0	$0	$0
GABBY COUNTRY SCHULTZ	CHIEF ADMINISTRATIVE OFFIC	7.20	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,163,818	$1,166,143	$1,540,290	$-2,325
2023	$1,126,186	$1,124,931	$1,561,021	$1,255
2022	$1,184,138	$1,206,693	$1,577,134	$-22,555
2021	$1,095,159	$1,362,425	$1,697,140	$-267,266
2020	$1,134,646	$1,237,253	$1,828,450	$-102,607
2019	$1,130,649	$1,232,409	$1,943,087	$-101,760
2018	$1,317,004	$1,247,058	$2,030,634	$69,946

FQHC HEALTH NETWORK INC NFP